Associated British Foods Repurchases Shares in Buyback Move

Associated British Foods (GB:ABF) has released an update.

Associated British Foods has repurchased 330,000 of its own shares on the London Stock Exchange as part of its share buyback program. The shares were acquired at an average price of 2239.13 pence each, with the intention to cancel them, signaling confidence in its financial position and potentially enhancing shareholder value.

For further insights into GB:ABF stock, check out TipRanks’ Stock Analysis page.